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Luxury inc sees India as the next big destination

"Is India the next promising market? There are obstacles such as custom duties and the bureaucracy, but it probably is, because you have all the ingredients," Benedicte Epinay, CEO of Comite Colbert told ET. "You have the consumers, you have the appetite for refinement, you have the taste to understand luxury, and you have the passion to show off." ....

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Britain's Burberry hit by slowdown in luxury spending - Life & Style

LONDON: Britain’s Burberry said it was being hit by a global slowdown in luxury spending and it would struggle to. ....

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